Tag: SAIL

ArcelorMittal and the Steel Authority of India Limited (SAIL) signed a Memorandum of Understanding (MoU) to set up an automotive steel manufacturing facility under a Joint Venture (JV) arrangement in India. The MoU was signed in London by Lakshmi Mittal, chairperson and CEO of ArcelorMittal, and C S Verma, chairperson of SAIL.

SAIL Chairperson C.S. Verma made an extensive on-site review of the performance of the recently operationalised integrated stream of the Modernisation & Expansion facilities, in ISP Burnpur.

Verma visited the Bar Mill, Continuous Casting Shop, Universal Section Mill and the Blast Furnace ‘Kalyani’ (the largest operating blast furnace in the country).

Two state-owned steel makers, Steel Authority of India (SAIL) and Rashtriya Ispat Nigam (RINL), have expressed their interest to work with NMDC as a joint venture partner in the proposed steel project at Nagarnar in Chhattisgarh.

SAIL will begin producing iron ore from the Chiria mines in the West Singhbhum district of Jharkhand by 2014. The company is set to finalize an investment roadmap for the project after completion of the detailed project report next month.

SAIL intends to bring in professional global mining firms to operate its Chiria and Rowghat iron ore mines and the high grade coal blocks at Tasara. The company is looking for major mining companies who can offer the latest mining techniques with the least amount of waste and best environmental practices at Rowghat and Tasara. Big companies such as Rio Tinto and BHP Billiton could be expected to bid for these projects.

Steel Authority of India Limited (SAIL) has received the SCOPE Meritorious Award for Environmental Excellence & Sustainable Development for 2009-10. CS Verma received the award and accompanying scroll of honour at a function held at Vigyan Bhawan.  Verma also received the Certificate of Maharatna Status for SAIL. The company’s environmental efforts have resulted in reduced air emissions, decreased to 1.12kg per tonne of crude steel in FY ’11, a reduction of 55%.

Shuman Mukherjee is the new commercial director of Steel Authority of India Limited (SAIL), effective 23 December 2010.

India's ministry of environment and forests gave Steel Authority of India Ltd (SAIL) environment clearance for the Greenfield iron ore mine.

Steel Authority of India Ltd (SAIL) is planning to set up a 250 acres product specific special economic zone (SEZ) at unutilized land at its existing stainless steel facility in Salem and is likely to apply for clearance of its SEZ proposal once the central government lifts the present freeze on fresh applications.

The Alloy Steel Plant Durgapur of the Steel Authority of India Ltd (Sail) is fully geared up to export low-nickel stainless steel hot-rolled coils to China.